Astro Dye to Close in January
Calhoun, GA, August 8--Astro Dye Works, a yarn-dyeing operation, will close its doors permanently in January 2006. The closing will cut 65 jobs.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
New Zealand’s Cavalier on Target with Forecast
Wellington, New Zealand, August 8--Carpetmaker Cavalier says full-year earnings will meet forecasts but warns of a major writedown of its Microbial Technologies business, according to the New Zealand Herald.
HDM Furniture to Realign Henredon and Drexel Herit
High Point, NC August 5--HDM Furniture, a subsidiary of Furniture Brands International, Inc., announced today the consolidation of two upholstery manufacturing facilities located in High Point, NC.
AIA Awards Latrobe Fellowships
Washington, D.C., August 8--The American Institute of Architects (AIA) College of Fellows has awarded its 2005 Latrobe Fellowship of $100,000 to Chong Partners Architecture, Kaiser Permanente, and U-C at Berkeley for a research study on multi-cultural In
Hovnanian Buys Florida Homebuilder
Red Bank, NJ, August 8—-Home builder Hovnanian said it has acquired the assets of First Home Builders of Florida for an undisclosed amount of cash.
Global Green USA Tout Benefits of Green Schools
Los Angeles, CA, August 5--Global Green USA today released its Green Schools Report touting the multiple financial, health, academic and environmental benefits of high performance, environmentally sustainable buildings for education facilities.
Self's Inc. Adds Azrock by Tarkett to Product
Houston, TX, August 5--Self’s Incorporated, of Wichita, Kansas, has joined Tarkett Commercial’s distribution network and will begin distributing Azrock by Tarkett commercial flooring in the states of Kansas and Oklahoma as well as Western Missouri.
Wachovia Downgrades Toll Bros. on Slowing DC Home
Boston, MA, August 5--Wachovia Securities downgraded shares of Toll Brothers Inc. to market perform from outperform on high valuations and signs of a slowing housing market in Washington, D.C.
Flooring Contractor to Pay $22,000 for EPA Asbest
Washington DC, August 5--McGovern’s Floor Covering, Inc., a Bristol, RI flooring contractor, has agreed to pay a $22,000 civil penalty to resolve claims made by the U.S. Environmental Protection Agency that the company violated asbestos requirements under
207,000 Jobs Added in July
Washington, DC, August 5--Employers added 207,000 in July, according to the Labor Department. The department said the rise was the biggest increase in three months and the also said employers created 42,000 more nonfarm jobs in May and June than previousl